Prime Warehouse District Redevelopment For Sale

Retail-Commercial for Sale
Also listed as Hospitality, Industrial
Catylist Listing ID: 30819804
Property Subtypes: Street Retail
Building Size (RSF): 15,000 SF
Gross Building Area: See Agent
Sale Price: $3,600,000
Unit Price: $240 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/5/2022

Overview / Comments

Located in the Warehouse District across the street from The National D-day Museum.

This 15,000 sq. ft. +/- mixed-use property is presently a commercial venture on the ground floor with residential loft upstairs.

The present zoning is CBD-3 (Cultural Arts District) with future zoning to be DCN-MU (Mixed Use – Downtown Core District).

The site falls within the Neighborhood Conservation District and the structure likely qualifies for federal historic tax credits due to its age and design. This type of un-renovated structure is in high demand and short supply in the ever vibrant Warehouse District.

Sale Price: $3,600,000.00

Attachments & Media

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Uptown-Garden District
Tax ID/APN: 41145490

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,488 194,715 397,561
Median Age: 37.39 35.59 36.96
Households: 10,450 84,360 166,094

Contact

Photograph of Listing Agent

Bert Duvic CCIM SIOR

Max J Derbes Inc New Orleans, LA 70123-3229
LACDB Member
© Copyright 2001-2022 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.